Thailand - Market factors to watch - Feb 3

Fri Feb 3, 2012 2:47am GMT

 BANGKOK, Feb 3 (Reuters) - Thai stocks may ease on
Friday as sentiment in Asia is cautious ahead of U.S. employment
data, prompting some players to take profits from a rally
earlier in the week.	
 On Thursday, the benchmark SET index rose 0.5
percent to 1,091.67, gaining for a third session to its highest
in almost six months.	
 Banking shares led gainers and foreign investors bought
shares worth 4.95 billion baht ($160 million), stock exchange
data showed.	
 Support for the main index was seen at 1,088, with
resistance at 1,099, brokers said.	
 "Technically, the market may see some consolidation as the
SET index moved close to 1,100 level yesterday," said Parin
Kitchatornpitak, senior analyst at broker KTB Securities.	
 Asian shares and the euro fell on Friday ahead of the U.S.
data, while Greek debt restructuring talks dragged on and
undermined sentiment. 	
 Click for cumulative trading value by
investor type.     	
 ----------------------MARKET SNAPSHOT @ 0220 GMT ------------
                  INSTRUMENT   LAST       PCT CHG   NET CHG
 S&P 500                          1325.54      0.11%     1.450
 USD/JPY                          76.16       -0.09%    -0.070
 10-YR US TSY YLD                 1.8282          --     0.005
 SPOT GOLD                        1756.65     -0.16%    -2.740
 US CRUDE                         96.5         0.15%     0.140
 DOW JONES                        12705.41    -0.09%    -11.05
 ASIA ADRS                        127.22       0.66%      0.84
 -------------------------------------------------------------                            
 
 	
 MARKET SUMMARY	
> Wall St holds steady as payrolls set to test rally           	
> Prices little changed on jobs hope, Europe concerns          	
> G3 currencies subdued ahead of US jobs test                  	
> Gold headed for 5th winning week; US data eyed               	
> Brent up, US crude down, premium near 3-month high            
                               	
 	
 STOCKS AND FACTORS TO WATCH:	
    	
 - Thai Oil Pcl         	
 The company aims to invest about $1 billion to expand its
petrochemical and refinery businesses in the next five years,
Chief Executive Surong Bulakul told reporters.                	
 	
- For the Thai press digest click on:                     	
- For Thailand's stock exchange news click on:            	
- For Thailand corporate earnings:                        	
- For Thailand economic forecast:                         	
 	
  ASIA-PACIFIC STOCK MARKETS: 
  Pan-Asia......             Japan.......       S.Korea...      
  S.E. Asia.....             Hong Kong...       Taiwan....      
  Australia/NZ..             India.......       China.....      
  * OTHER MARKETS: 
  Wall Street ..            Gold .......       Currency..       
  Eurostocks...              Oil ........      JP bonds...      
  ADR Report ...            LME metals.        US bonds..       
  Stocks News US               Stocks News Europe               
  * DIARIES & DATA: 
  IPO diary & data              Asia earnings diary             
  U.S. earnings diary           European diary                  
  Thailand diary                Wall Street Week Ahead          
  Eurostocks Week Ahead          
  * TOP NEWS: 
  For top Asian company news, double click on:               
  U.S. company news             European company news           
  Forex news                    Global Economy news             
  Technology news               Telecoms news                   
  Media news                    Banking news                    
  Politics/General news         Asia Macro data                 
  A multimedia version of Reuters Top News is available at: 
  topnews.session.rservices.com 
  * LIVE PRICES & DATA: 
  World Stocks                    Currency rates                
  Dow Jones/NASDAQ                  Nikkei                      
  FTSE 100                          Debt                        
  Thai baht                         LME price overview         
 ($1 = 30.89 baht)	
	
 (Reporting by Viparat Jantraprap and Kochakorn Boonlai)	
 
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.